Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
Bank of China's investment arm BOCI has utilized the Ethereum blockchain network to issue $28 million worth of digital structured notes. The bank has become the first Chinese institution to issue this type of tokenized s...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The bank has become the first Chinese institution to issue this type of tokenized security in Hong Kong, global investment bank UBS said in a recent press release.
The notes, which were worth CNH 200 million, were initiated by UBS and distributed to clients in the Asia-Pacific region. ...
Read More: Bank of China Uses Ethereum Blockchain for $28 Million Digital Structured Notes – Crypto Adoption on the Rise?
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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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